2011 HRK to ZAR Historical Review

YEARLY HIGH

1.5219 ZAR

YEARLY LOW

1.1940 ZAR

YEARLY AVERAGE

1.3560 ZAR

2011 HRK to ZAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2011

During 2011, the HRK to ZAR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 23, valuing the pair at 1.5219. Conversely, the yearly low was recorded on January 2, dropping to 1.1940.

This high-to-low spread represents a total annual volatility of 0.3278 ZAR. From a start-to-finish perspective, comparing the January average rate of 1.2519 to the December average rate of 1.4350, the exchange rate registered a net change of 14.62% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2011 high of 1.5219 was up 2.54% compared to the 2010 peak of 1.4841, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 HRK based on timing:

Yearly Peak High 7,609 ZAR

2010 Average 6,659 ZAR

Yearly Trough Low 5,970 ZAR

Transaction Impact: A difference of 1,639.14 ZAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2011.

1.4966

1.2297

JanuMarcMayJulySeptNove

HRK to ZAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 1.3085, compared to 1.4035 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0950 points.

H1 Avg (Jan–Jun) 1.3085

H2 Avg (Jul–Dec) 1.4035

Volatility Range Comparison

Volatility

The most volatile month in 2011 was September, with a trading range of 0.1725 ZAR (High: 1.5040 / Low: 1.3315). On the other end, June was the most stable month, with a tight range of 0.0275 ZAR (High: 1.3351 / Low: 1.3076).

September Spread (Volatile) ±0.1725

June Spread (Stable) ±0.0275

Growth Streaks & Declines

Trends

Between July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between November and December, when the average rate fell by 0.0394 points.

Longest Streak 4 Mo.

Sharpest MoM Drop -0.0394

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (November 2011: 1.4744) against the same month in 2010 (average: 1.2902), the exchange rate shifted by +0.1841 (+14.27%).

2011 Avg (November) 1.4744

2010 Avg (November) 1.2902

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	1.3269	1.1940	1.2519
February	1.3400	1.2959	1.3221
March	1.3450	1.2870	1.3099
April	1.3452	1.2913	1.3196
May	1.3456	1.3113	1.3284
June	1.3351	1.3076	1.3192
July	1.3234	1.2822	1.3042
August	1.3975	1.2870	1.3623
September	1.5040	1.3315	1.3870
October	1.5017	1.4206	1.4581
November	1.5219	1.4448	1.4744
December	1.4611	1.3883	1.4350